LOWER 9TH WARD NENA (EIN 760827045) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

RON MAZIER

Phone

5043736483

Tax Period

2020-01-01 to 2020-12-31

LOWER 9TH WARD NENA, founded in 2006, is a micro nonprofit in the Community Improvement sector that reported $34K in total revenue in fiscal year 2020. Revenue surged 114% from the prior year, signaling strong growth momentum. Expenses of $73K exceeded revenue, resulting in a 113% operating deficit.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES, SPECIFICALLY TO PROVIDE ASSISTANCE TO NEEDY RESIDENTS OF THE LOWER 9TH WARD OF NEW ORLEANS IN THEIR EFFORTS TO RECOVER FROM THE EFFECTS OF HURRICANE KATRINA; TO REDEVELOP THE LOWER 9TH WARD BY IMPLEMENTING PROJECTS AND PROGRAMS IN SUCH AREAS AS HOUSING, EMPLOYMENT AND EDUCATION FOR THE ASSISTANCE OF RESIDENTS IN NEED; AND TO CONDUCT COORDINATE, AND ENGAGE IN COMMUNITY OUTREACH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $15,175

Program Service Revenue $8,310

Investment Income $10,592

Other Revenue $0

TOTAL REVENUE $34,077

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,760

Fundraising Expenses $0

Program Expenses $58,005

Other Expenses $47,747

TOTAL EXPENSES $72,507

Year-over-Year Comparison

	2020	2019	Change
Revenue	$34,077	$15,921	+1.1%
Expenses	$72,507	$85,119	-0.1%
Net Income	$-38,430	$-69,198	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$23,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SANDRA MIKELL	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$0
DEBRA MCHENRY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
HELENA NEALY	SECRETARY	1.00	Officer Director	$0	$0	$0
VERNELL EDWARDS	MEMBER	1.00	Director	$0	$0	$0
BRIANNA RICHARDSON	MEMBER	1.00	Director	$0	$0	$0
DORETHA BROWN	MEMBER	1.00	Director	$0	$0	$0
RON MAZIER	EXECUTIVE DIRECTOR	40.00	Officer	$23,000	$0	$23,000

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2020	$34,077	$72,507	$455,198	$-38,430
2019	$15,921	$85,119	$499,659	$-69,198
2018	$24,176	$82,819	$561,114	$-58,643

LOWER 9TH WARD NENA